Global energy and commodity price reporting agency Argus Media Group (Argus) has announced the launch of the world’s first weekly price assessments for French renewable gas guarantees of origin (RGGOs). The new prices expand on Argus’ coverage of global energy attribute certificates and renewable fuels as production and consumption of these products continue to rise.
French RGGOs detail the source and timing of biomethane, aka renewable natural gas (RNG), injected into the domestic gas transmission grid.
Certificates can be combined with a proof of sustainability and used by a range of consumers to document the use of biomethane across supply chains, and, depending on the specifications, to offset payments in the EU Emissions Trading System (ETS).
Argus assessments are for subsidised, grid-injected biomethane and cover a range of other criteria, including feedstock, additional certification, and EU ETS eligibility.
The French RGGO prices are published weekly in Argus Global Energy Certificates and Argus Biofuels.
Argus already publishes a wide range of assessments for electricity guarantees of origin and for alternative fuels, including sustainable aviation fuel (SAF), biodiesel, and ethanol, many of which are used in physical and derivatives contracts globally. Argus also publishes prices, news, and analysis for the parallel European Natural Gas Market.
